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Shanghai Bloom Technology (SHSE:603325) Interest Coverage : 242.44 (As of Mar. 2025)


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What is Shanghai Bloom Technology Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Shanghai Bloom Technology's Operating Income for the three months ended in Mar. 2025 was ¥102 Mil. Shanghai Bloom Technology's Interest Expense for the three months ended in Mar. 2025 was ¥-0 Mil. Shanghai Bloom Technology's interest coverage for the quarter that ended in Mar. 2025 was 242.44. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shanghai Bloom Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Shanghai Bloom Technology's Interest Coverage or its related term are showing as below:

SHSE:603325' s Interest Coverage Range Over the Past 10 Years
Min: 61.78   Med: 426.58   Max: 2566.99
Current: 402.7


SHSE:603325's Interest Coverage is ranked better than
90.45% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs SHSE:603325: 402.70

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Shanghai Bloom Technology Interest Coverage Historical Data

The historical data trend for Shanghai Bloom Technology's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Shanghai Bloom Technology Interest Coverage Chart

Shanghai Bloom Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 334.85 426.58 814.05 2,566.99 437.09

Shanghai Bloom Technology Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.28 429.27 364.51 742.34 242.44

Competitive Comparison of Shanghai Bloom Technology's Interest Coverage

For the Specialty Industrial Machinery subindustry, Shanghai Bloom Technology's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Bloom Technology's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Bloom Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanghai Bloom Technology's Interest Coverage falls into.


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Shanghai Bloom Technology Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shanghai Bloom Technology's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Shanghai Bloom Technology's Interest Expense was ¥-1 Mil. Its Operating Income was ¥302 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*302.464/-0.692
=437.09

Shanghai Bloom Technology's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Shanghai Bloom Technology's Interest Expense was ¥-0 Mil. Its Operating Income was ¥102 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*101.581/-0.419
=242.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Shanghai Bloom Technology  (SHSE:603325) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Shanghai Bloom Technology Interest Coverage Related Terms

Thank you for viewing the detailed overview of Shanghai Bloom Technology's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Bloom Technology Business Description

Traded in Other Exchanges
N/A
Address
Xinxie Road, No. 1356, Huaxin Town, Qingpu District, Shanghai, CHN, 201708
Shanghai Bloom Technology Inc is a supplier of solutions for powder and granular material handling systems with pneumatic conveying as the core. It integrates treatment process design, technology research and development, key equipment manufacturing, automation control, system integration, and related technical services. The company mainly provides materials complete sets of equipment for pneumatic conveying, metering and mixing, storage, blending and homogenization and corresponding components, spare parts, and services.

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